Demand for automotive chips is skyrocketing as vehicle technology becomes more sophisticated - says Mckinsey's new report.
ASE (Advanced Semiconductor Engineering) are among those have secured orders for automotive MCU back-end outsourcing for the next two quarters from international IDM (Integrated device manufacturer) companies, according to sources. Examples of IDMs are Intel, Samsung, and Texas Instruments.
The global automotive electronics market size is estimated to reach $382.16 billion by 2026, says a new report. Emerging advancements of IoT and AI, rapid adoption of automated features in automobiles and demand for in-vehicle safety features fuels the growth of...
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